A Seattle cryptocurrency firm has become the latest poster child in the increasingly heated debate over how the controversial technology should be regulated.
Japanese Stocks Have Longest Rally in a Year Amid Buffett Boost
Japanese stocks are enjoying their longest winning streak in more than a year as Warren Buffett’s renewed interest in the nation’s equity market bolsters sentiment. Both the Topix and the Nikkei 225 ...
Japanese Banks Face ‘Gender Washing’ Spotlight on Its Managers
Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number of women in management positions.
As crypto thaws, regulatory questions may drive investment overseas
After a rough 2022 which saw the cryptocurrency market crash, coin prices are turning around and now nearing year-long highs. But now, advocates are worried that regulatory confusion in the U.S. may mean that new investment is going overseas.
Mizuho warned by regulator for setting IPO prices too low
The Japan Fair Trade Commission on April 13 rebuked Mizuho Securities Co. for setting initial public offering (IPO) prices of newly listed stocks too low, which could lead to violating the Anti ...
Crypto Dealmaking Reaches All-Time High as VC Funding Remains Scarce
Crypto firms that survived the industry’s steep downturn in 2022 are now engaged in a flurry of dealmaking they hope will better prepare them for the next boom.
Japan plans to issue over 6-tln-yen local gov’t bonds in FY 2023
In recent years, the issuance of ESG bonds has gained popularity in Japan, with a growing number of local governments and companies turning to these bonds as a way to finance sustainable projects and ...
The Biggest Crypto Bull Cycle is Upon Us: Bernstein
Macro catalysts are aligning for bitcoin, the world’s largest cryptocurrency by market cap, the note added, with continued weakness in U.S. regional banks and further deposit outflows towards money ...
Philip Hammond warns of ‘real risk’ to London financial services from EU crypto bill
Former UK chancellor Philip Hammond has warned the EU's forthcoming crypto regulation bill could create such an attractive trading environment for the web3 sector that Brussels could eclipse London ...
Japan stocks higher at close of trade; Nikkei 225 up 0.51%
Japan stocks were higher after the close on Tuesday, as gains in the Power, Rubber and Transport sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.51% to hit a new 6-months high.
Warren Buffett’s Visit Helps Prolong Nikkei Rally
Warren Buffett’s gift keeps on giving. Tokyo stocks closed Tuesday at their highest level in eight months, supported by the Bank of Japan’s pledge to keep its easy-money policy and comments by the wor ...
Crypto Lender Babel’s Creditor Protection Extended in Singapore
A Singapore court extended creditor protection for crypto lender Babel Finance by about three months, its co-founder Flex Yang said.
Britain could see crypto-specific regulation in the next 12 months, top lawmaker says
The British government laid out plans in February to regulate cryptoassets and opened its suggestions up for consultation.
Japan’s Nikkei rises eighth straight day on earnings optimism, weaker yen
Lenders Resona Holdings Inc and Concordia Financial Group Inc were among the sharpest gainers on the Nikkei, jumping more than 2.5%. Mazda Motor Corp climbed 2.04% after the yen depreciated for a ...
Japan Insurer’s Plan to Sell Foreign Debt Flashes Market Warning
A Japanese insurer with $65 billion of assets plans to offload all its currency-hedged foreign debt holdings, foreshadowing what may become a renewed wave of selling by some of the biggest investors ...
Gary Gensler’s new assault on DeFi puts him on a legal limb
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